Re:The college debt crisis is worse than it seems
by toomuchtodo on Monday May 23, 2016 @03:22PM
(#11756167)
> but without other changes, I feel that it would make the problem worse
I agree. It must be enacted in concert with the equivalent of single payer education.
Re:The college debt crisis is worse than it seems
by SamReidHughes on Monday May 23, 2016 @03:41PM
(#11756309)
> In that it reduces the amount of zero-training freeloading employers can do
I'm confused why you think not training employees constitutes "freeloading." Employers are paying wages on an open market for employees that come pre-trained.
Re:The college debt crisis is worse than it seems
by rayiner on Monday May 23, 2016 @03:43PM
(#11756332)
Because the government subsidizes that training. If it didn't, there would be far fewer trained employees for employers to choose from, wages would go up, and employers would have to shoulder more of the burden of training.
Re:The college debt crisis is worse than it seems
by SamReidHughes on Monday May 23, 2016 @04:10PM
(#11756532)
I guess that's the sense in which it was meant, and I missed that. On the other hand, that money isn't all pocketed by the employer -- it gets passed on through prices and quality to the employer's customers, and so on. The freeloading is enjoyed by the rest of the economy. (In fact, that freeloading effect is the justification most people give for publicly funding education.)
Limiting the firehose to departments that add economic value won't fix the other wasteful practices.